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Personally, no. I feel that this whole generation has been just mostly polishing the last generation, instead of giving brand new ideas.
Take for example last gen. Games such as Halo, Fable, Devil May Cry, RE 4 and so on either made new genres, or radically altered what already existed. This gen has some great games, but it's mostly polish. Sure, Killzone 2 offers many, many improvements to it's predecessor, as does Heavy Rain, but there's nothing that hasn't been done before in some quantity.
I think the only game that really impressed me was Uncharted 1 & 2 how it made gaming feel like a film rather than a game, but other than that, I think the consoles need to start heading down the route of VR or risk the games stagnating.